Presented on Wednesday. April 26, 2017 at Cowles Hall on the Elmira College Campus. Joseph Csicsila is Professor of English Language and Literature at Eastern Michigan University. His writings includeCanons by Consensus: Critical Trends and American Literature Anthologies (2004); Centenary Reflections on Mark Twain’s No. 44, The Mysterious Stranger(2009), co-edited with Chad Rohman; and Heretical Fictions: Religion in the Literature of Mark Twain (2010), co-authored with Lawrence Berkove. Csicsila is also editor of the Modern Library edition of Mark Twain’s The Gilded Age (2005) and the Broadview Press teaching volume ofA Connecticut Yankee in King Arthur’s Court (Forthcoming 2017). He is currently at work on a full-scale study of The Adventures of Tom Sawyer, which will appear in 2018.
“‘These Hideous Times:’ Mark Twain’s Bankruptcy and the Panic of 1893” takes a look at an old standby of Twain biography that Mark Twain was a bad businessman, plain and simple. Critics routinely cast him as a reckless speculator, a foolish investor, a failed entrepreneur as they advance the notion that Twain was hopelessly irresponsible with his wealth, making poor financial decisions one after another throughout much of his adult life, and that this led inevitably to his well-publicized and personally humiliating bankruptcy in April 1894. Twain studies, however, has yet to consider in any detailed fashion the context of the Panic of 1893 and the considerable role that it played in Twain’s financial ruin. The country’s first major industrial collapse, what many historians regard as America’s first full-scale economic depression, the Panic of 1893 took down thousands of businesses and ruined millions of Americans in truly historic fashion. As it turns out, Mark Twain’s bankruptcy may have had less to do with his financial decision-making than the times in which those decisions were made.